With over 30 years commitment to a portfolio of 82 individual clients / 52 families predominately located within the County of Cornwall the sole Director / Adviser of this FCA Directly Authorised firm is seeking a retirement.
Managing c£15.5m of client monies and achieving recurring revenues of c137k the business is free of high risk product promotion or client complaint.
Well run. Modestly profitable. Organised.
Following a recent health scare that has brought forward lifestyle plans the Director is now keen to secure a new and safe custodian for his client portfolio. Ideally an existing IFA firm with presence and client servicing capabilities in Cornwall.
A market rate consideration is reasonably expected of c£500k with stage payments over an 18 month term passing from the acquirer to vendor, subject to DD and legal contract.